Immersion Corp expected to post earnings of 16 cents a share - Earnings Preview

Immersion

16/02/2024 11:21

* Immersion Corp  IMMR.OQ   IMMR.O  is expected to show a
fall in
quarterly revenue when it reports  results on February 20
(estimated) for the period ending December 31 2023
    * The Aventura Florida-based  company is expected to report
a
10.3% decrease in revenue to $8.223 million from $9.16 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data. (SAL is based on Total Revenue)
    * ​LSEG's mean analyst estimate for Immersion Corp is for
earnings
of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Immersion
Corp is
$10.50​, above​ its last closing price of $6.74. ​​​

This summary was machine generated February 16 at 11:21 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)